Indian Polity · Local Self Government
What is the primary mandatory function of the State Finance Commission constituted under the 73rd and 74th Constitutional Amendment Acts?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1To audit the expenditure and accounts of the Panchayats and report to the Comptroller and Auditor General
- 2To review the financial position of local bodies and recommend principles governing the distribution of net tax proceeds✓
- 3To distribute financial resources allocated by the Union Government among different State Ministries
- 4To conduct regular and impartial elections to the Panchayats and Municipalities
Correct answer
To review the financial position of local bodies and recommend principles governing the distribution of net tax proceeds
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Indian Polity?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Local Self Government MCQs →Want more practice questions on Local Self Government?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Indian Polity · Local Self Government